• MTS Futures News_PM_20160511

    11 May 2016 | SET News

Japan's benchmark Nikkei share average edged up for a third straight day on Wednesday but pared earlier gains as the yen firmed against the dollar, obscuring the profit outlook for exporters.

The Nikkei share average ended up 0.1 percent at 16,579.01 points.

China stocks rebounded on Wednesday, recovering some of the heavy losses suffered in recent sessions, as buyers snapped up consumer and healthcare stocks.

The blue-chip CSI300 index rose 0.9 percent, to 3,097.08 points at the end of the morning session, while the Shanghai Composite Index gained 0.6 percent, to 2,850.05 points. But the indexes are still down more than 1 percent so far this week.

Hong Kong shares fell on Wednesday as investors waited for more clues on whether a recent pick-up in China's economy was just a seasonal blip or something more sustainable.

The Hang Seng index fell 0.9 percent, to 20,055.29 points, while the China Enterprises Index lost 0.5 percent to 8,443.67.

Most sectors fell, but consumer and materials shares rose over 1 percent.


Reference: Reuters

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